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Gartner: Blockchain is the perfect match for the IoT

December 17, 2019 / Ryan Daws
SHARESHARESHARE

Gartner believes that blockchain technology is the perfect match for the IoT and will help it to overcome some of its biggest problems. Blockchain is synonymous with security. The IoT, on the other hand, is known for suffering from serious vulnerabilities which have led to repeated high-profile breaches and cyberattacks. In a blog post highlighting key findings from a survey titled IoT Adopters Embrace Blockchain, Gartner says it believes that the two emerging technologies are a perfect match. Blockchain is heading into the so-called "Trough of Disillusionment" of Gartner's hype cycle – meaning that the initial hype has subsided and people's inflated expectations have turned to disappointment. However, what comes next is the "Slope of Enlightenment" where blockchain technologies become adopted with more realistic expectations.